761—500.12(326) Policy on registration credit. If a vehicle is deleted from the IRP fleet and replaced with another vehicle, registration credit may be applied to IRP fees due on the replacement vehicle. The vehicle schedule identifying the added and deleted vehicles must be submitted to the vehicle and motor carrier services bureau. The deletion must take place on or before the effective date of the replacement vehicle’s registration. Allowance for credit of deleted vehicles shall be subject to the conditions set forth in Iowa Code section 326.12.
This rule is intended to implement Iowa Code section 326.12.
[ARC 5494C, IAB 3/10/21, effective 4/14/21]